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Doubts over rescue deal for Bulb Energy raise fears of imminent collapse

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UK’s seventh largest supplier seeks funding as regulator promises to protect families

Growing doubts over a rescue deal for Bulb Energy have raised fears that the UK is on the brink of its biggest supplier collapse yet, even as the regulator promises “bold action” to protect millions of households from the deepening energy crisis.

Bulb, the UK’s seventh largest energy supplier, is locked in talks with multiple companies to secure a bailout so it can continue serving its 1.7 million household customers amid record wholesale prices for gas and electricity this winter.

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